SPA & Regulations

Is Your Strata’s Registered Address Up To Date?

Is Your Strata’s Registered Address Up To Date? Your strata must register its official mailing address with the Land Title and Survey Authority (LTSA).  Often the first registered address is that of the developer; and subsequent updates will be the …

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New dispute resolution process promotes collaboration, increases efficiency

NEWS RELEASE VICTORIA – Amendments to the Civil Resolution Tribunal Act (CRTA) introduced today will improve access to justice by requiring parties who use the justice system to resolve their minor strata and small claims disputes to use the Civil …

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Strata Property Act, Bill 12 Amendments

Bill 12 (the Natural Gas Development Statues Amendment Act) has now received Royal Assent as of April 9th.  The amendments to SPA (in sections 39-44 of the bill) take effect as of that date.   As VISOA President, Sandy Wagner, noted: “The updates …

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SPA Change re: Special Levies

On December 12, 2013 the Province brought into force legislative amendments to allow strata corporations with majority support to apply to the BC Supreme Court to require strata owners to pay for certain repairs. Under the amendment the court can …

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SPA Updates: Audited Financial Statements & Instruction Guides

The province has introduced newly revised Guide 10 (Strata Finances) and Guide 12 (Depreciation Reports). Also, as of March 14, the government has decided not to bring into effect regulations that would have required strata corporations to have audited financial …

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